What is the total supply of XRP?
The total supply of XRP is 100 billion.
This amount was created at the time of the project's launch in 2012 and will never increase. Of this total, approximately 45 billion XRP is currently in circulation, with the remaining 55 billion held in escrow by Ripple Labs. The escrow system allows Ripple Labs to release up to 1 billion XRP per month over a period of 55 months, beginning in December 2017.
After that, no new XRP will be created. The purpose of this system is to ensure that there is a consistent supply of XRP available for trading and other uses while also providing some control over the currency's inflation rate.
AI created text. No guarantee for the correctness of the content.
